Bank Of Montreal 6-K, filed Jul 16, 2021
Bank Of Montreal (BMO)
About this 6-K
Bank Of Montreal filed this 6-K on July 16, 2021.
FORM6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
| For the month of: July, 2021 | Commission File Number: 001-13354 |
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BANK OF MONTREAL
(Name of Registrant)
| 100 King Street West<br> <br>1 First Canadian Place<br> <br>Toronto, Ontario<br><br><br>Canada, M5X 1A1 | 129 rue Saint-Jacques<br> <br>Montreal, Quebec<br> <br>Canada, H2Y 1L6 |
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| (Executive Offices) | (Head Office) |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☐ Form 40-F ☑
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
INCORPORATION BY REFERENCE
The information contained in this Form 6-K and any exhibits hereto shall be deemed filed with the Securities and Exchange Commission (“SEC”) solely for purposes of incorporation by reference into and as part of the following registration statements of the registrant on file with and declared effective by the SEC:
| 1. | Registration Statement – Form F-3 – File No. 333-237342 |
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| 2. | Registration Statement – Form F-3 – File No. 333-214934 |
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| 3. | Registration Statement – Form S-8 – File No. 333-191591 |
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| 4. | Registration Statement – Form S-8 – File No. 333-180968 |
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| 5. | Registration Statement – Form S-8 – File No. 333-177579 |
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| 6. | Registration Statement – Form S-8 – File No. 333-177568 |
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| 7. | Registration Statement – Form S-8 – File No. 333-176479 |
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| 8. | Registration Statement – Form S-8 – File No. 333-175413 |
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| 9. | Registration Statement – Form S-8 – File No. 333-175412 |
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| 10. | Registration Statement – Form S-8 – File No. 333-113096 |
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| 11. | Registration Statement – Form S-8 – File No. 333-14260 |
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| 12. | Registration Statement – Form S-8 – File No. 33-92112 |
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| 13. | Registration Statement – Form S-8 – File No. 333-207739 |
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| 14. | Registration Statement – Form S-8 – File No. 333-237522 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| BANK OF MONTREAL | ||
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| By: | /s/ Tayfun Tuzun | |
| Name: | Tayfun Tuzun | |
| Title: | Chief Financial Officer | |
| Date: July 16, 2021 | By: | /s/ Barbara M. Muir |
| Name: | Barbara M. Muir | |
| Title: | Corporate Secretary |
EXHIBIT INDEX
| Exhibit | Description of Exhibit |
|---|---|
| 99.1 | Press Release – Bank of Montreal to Redeem Non-Cumulative 5-Year Rate Reset Class B Preferred<br>Shares, Series 25 and Non-Cumulative Floating Rate Class B Preferred Shares, Series 26 |
EX-99.1
Exhibit 99.1
News
FOR IMMEDIATE RELEASE
Bank of Montreal to Redeem Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 25 and Non-Cumulative Floating Rate Class B PreferredShares, Series 26
TORONTO, July 16, 2021 – Bank of Montreal (TSX:BMO)(NYSE:BMO) (the “Bank”) today announced its intention to redeem allof its 9,425,607 outstanding Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 25 (“Preferred Shares Series 25”) for an aggregate total ofapproximately $236 million and all of its 2,174,393 outstanding Non-Cumulative Floating Rate Class B Preferred Shares, Series 26 (“Preferred Shares Series 26”) for an aggregate total ofapproximately $54 million on August 25, 2021. The redemption has been approved by the Office of the Superintendent of Financial Institutions.
The Preferred Shares Series 25 and the Preferred Shares Series 26 are redeemable at the Bank’s option on August 25, 2021, at a redemption price of $25.00 per share. Payment of the redemption price will be made by the Bank on August 25, 2021.
Separately from the payment of the redemption price, the final quarterly dividend of $0.112813 per share for the Preferred Shares Series 25 and $0.078704 per share for the Preferred Shares Series 26 announced by the Bank on May 26, 2021 will be paid in the usual manner on August 25, 2021, to shareholders of record on August 3, 2021.
Notice will be delivered to holders of the Preferred Shares Series 25 and the Preferred Shares Series 26 in accordance with the terms outlined in the Preferred Shares Series 25 and Preferred Shares Series 26 prospectus supplement.
About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8^th^ largest bank, by assets, in North America. With total assets of $950 billion as of April 30, 2021, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.
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For News Media Inquiries:
Paul Gammal, Toronto, paul.gammal@bmo.com, (416) 867-3996
For Investor Relations Inquiries:
Sukhwinder Singh, Toronto, sukhwinder.singh@bmo.com, (416) 867-4734
| Internet: **** www.bmo.com | Twitter: @BMOMedia |
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